2517 Silver Palm DRIVE
About This Property
The property includes a sparkling pool (2019) , screened porch, and a fully fenced yard on a lot just under 1/2 acre. There is additional parking for a boat or RV, a cozy fire pit, and a duck (or chicken) pen that can convey with the property.
A 12x30 shed with its own driveway offers additional storage or workspace.
Schedule your private tour today! All information is deemed accurate but is not guaranteed.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Aug 28, 2024 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 26, 2024 | Listed by LOCAL LIVING REALTY GROUP | $349,000 | |
| Listed by LOCAL LIVING REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017